What are some other terms used to describe equity?

Shareholders’ equity, book value, and net asset value are all phrases that are occasionally used to express this idea. The specific definitions of these phrases may vary depending on the context, but they typically relate to the value of an investment that remains after paying off all of the responsibilities connected with that investment. The gap between a property’s fair market value and the outstanding value of its mortgage debt is referred to as this phrase in real estate investing.